Worth reading
58In focus
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
1300
¥ millionWording
Conditional
How definitive the wording is.This transaction
Partial acquisition under this transactionCounterpartyTeijin Frontier Co., Ltd.
Disclosing companyYasuda Logistics Corporation
The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
General freight transportation, freight forwarding and transport intermediary services, warehousing, customs clearance, and packing
Location Nishi-ku, Osaka, Osaka PrefectureShare capital ¥80 millionDate of incorporation 15 December 1980
Net Sales¥9,353 million (fiscal year ended March 2025)
Operating profit¥281 million (fiscal year ended March 2025)
Net income for the current fiscal year¥192 million (fiscal year ended March 2025)
Net assets¥3,142 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition price¥1,300 million for common shares in Teijin Logistics Co., Ltd.
Impact on Business Performance
The impact on consolidated results for the fiscal year ending March 2027 is currently under review.
Procedures and assumptions
Management structure after acquisitionTeijin Logistics Co., Ltd. will become our equity-method affiliate. Other details regarding the management structure, corporate name, and treatment of employees are not disclosed.
| Item | Details |
|---|---|
| Transaction name | Partial acquisition under this transaction |
| Counterparty name | Teijin Frontier Co., Ltd. |
| Name of the Subject Company | Teijin Logistics Co., Ltd. |
| Business Description of the Subject Company | General freight transportation, freight forwarding and transport intermediary services, warehousing, customs clearance, and packing |
| Location of the Subject Company | Nishi-ku, Osaka, Osaka Prefecture |
| Capital Stock of the Subject Company | ¥80 million |
| Date of Establishment of the Subject Company | 15 December 1980 |
| Net Sales of the Subject Company | ¥9,353 million (fiscal year ended March 2025) |
| Operating Profit of the Subject Company | ¥281 million (fiscal year ended March 2025) |
| Net Income of the Subject Company | ¥192 million (fiscal year ended March 2025) |
| Net Assets of the Subject Company | ¥3,142 million (fiscal year ended March 2025) |
| Acquisition price | ¥1,300 million for common shares in Teijin Logistics Co., Ltd. |
| Number of shares acquired | 32,000 shares (number of voting rights: 32,000) |
| Voting rights ownership percentage | Before －％ → after 20％ |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending March 2027 is currently under review. |
| Date of board resolution | 31 March 2026 |
| Execution Date / Effective Date | 10 April 2026 (scheduled) |
| Management structure after acquisition | Teijin Logistics Co., Ltd. will become our equity-method affiliate. Other details regarding the management structure, corporate name, and treatment of employees are not disclosed. |
Items this document does not state (14)
Expenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Because the system migration and other processes will require a certain period of time, the share transfer procedures will be carried out in stages for the purpose of establishing the capital relationship between The Yasuda Warehouse Company, Limited and Teijin Logistics Co., Ltd. at an early date.
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